Countrywide’s income could plunge by 73% in Q2 – but the company says it can survive a ‘reasonable worst case scenario’
78% of the estate agency giant's employees have been furloughed, with remaining senior management all taking pay cuts.
Countrywide: ‘Fundamental changes are beginning to bear fruit’
            Embattled property Plc's revenue falls again after branch closures and cost-cutting - but the company says it is 're-establishing [its] market-leading position across both Sales and Lettings'         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Countrywide reports ‘resilient’ performance despite falling numbers
            Property Plc claims 'significant progress' on its 'Back to Basics' strategy, as income from property sales drops by 16%.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    ‘Disappointing’ estate agency performance pushes Countrywide profits down
            The property Plc's full year results show that Total Group Income is down by c.17% in 2017 compared to 2016         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
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Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
            2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Budget 2025: The luxury property industry’s hopes, fears & expectations
            PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    PCL agency co-founder joins UK Sotheby’s International Realty
            George Vernon has taken up a Consultant Senior Lettings Director role at the luxury brokerage.         
    Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
            Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.         
    London letting agency under fire over Chancellor’s rental mis-step
            Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    London estate agency announces major recruitment drive
            Dexters wants to take on 200 new recruits via its Training Academy in 2026.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    American super-agency Douglas Elliman expands into Europe
            Philippe Curutchet, Fredrik Lilloe & Edward de Mallet Morgan are leading the luxury brokerage's French debut.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
            Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.         
    In Pictures: Trophy apartment at Clarges Mayfair lists at £39.5mn
            Buyer sought for 4,650 sq ft sub-penthouse with two roof terraces at the prestigious development opposite Green Park.         
    ‘Extraordinary’ French Riviera estate to headline global luxury auction event
            First-line residence in Saint-Jean-Cap-Ferrat, listed at €35mn, will be auctioned off as part of Sotheby’s inaugural Abu Dhabi Collectors’ Week.         
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Fine & Country launches self-employed broker recruitment drive in Prime Central London
            Top-end estate agency is looking for 'entrepreneurial, self-employed estate agents to operate independently under a globally recognised luxury brand'.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Chancellor ‘sets the context’ for tax-hiking Budget
            Without making specific policy announcements, Rachel Reeves has indicated significant tax rises are coming this month.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    In Pictures: £27mn Rossetti-inspired penthouse launches at Marylebone Square
            Marquee unit at long-running PCL project has been named after Christina Rossetti - and is being sold with a first edition collection of poems by the celebrated romantic writer.         
    The London ‘anti-bubble’: Ollie Marshall on finding value amid the global froth
            Bubbles are everywhere these days, writes top buying agent - but a growing cohort of investors is finding shelter & opportunity in the UK capital’s unloved prime property heartlands.         
    ‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
            A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.